Experts have indicated Canada will need to build millions more homes in the next 10 years to meet our growing needs. To the casual observer the problem is easy to solve: just build more homes. For those in the real estate development field, the problem is much more complicated than this.
Sturgeon Point Home Price
Across the country as a whole, Sturgeon Point is in the top 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
Want a cheaply priced house? Then at $349,450 this month, Sturgeon Point, Ontario is probably not for you price wise.
From our data, it appears that neighbourhood is number 4175th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Ontario has hundreds of possible neighbourhoods for you to invest in and there is lots of data to sift through to help you narrow your search down.
When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Sturgeon Point will hopefully provide an indicator to help you where to research in-depth
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
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